etf fund, the full name of which is transactional open-end index fund, is an open-end fund with variable fund shares listed and traded on the exchange. It combines the operating characteristics of closed-end funds and open-end funds. Investors can purchase or redeem fund shares from fund companies and buy and sell etf shares at market prices in the secondary market.

what are the p>etf funds t+?

includes money etf fund, bond etf fund, gold etf fund, cross-border etf fund and commodity futures etf fund. T+ trading system, also known as "revolving trading on the same day", refers to the securities bought by investors, which are sold in whole or in part before the settlement is completed after the transaction is confirmed.

Simply understood, investors can buy securities on the same day with the funds obtained from selling securities on the same day, and the securities bought on the same day can be sold on the same day.

etf fund transaction fee:

1 The transaction fee of etf fund in the market

is charged according to the trading commission of the securities company, and there is no stamp duty and transfer fees, and there is no subscription fee and redemption fee. However, the fees charged by various securities companies are different, and will not exceed 3‰ of the transaction amount, with a single minimum 5 yuan.

2 OTC etf fund transaction fee

subscription fee (1.5%) and redemption fee (holding the fund for less than 1 year and .5%) are charged. Generally speaking, the total cost of over-the-counter transactions is about 2%. As for management fees and custody fees, each fund will be charged, which is directly reflected in the net value of the fund.

the above are some contents about etf funds, so you can pay attention to them.